Comments on: Liquidity Conflict in the U.S. Economy – Spenders vs. Savers http://toughmoneylove.com/2008/09/25/liquidity-conflict-in-the-us-economy-%e2%80%93-spenders-vs-savers/ The Hard Truth about Money and Personal Finance Fri, 19 Mar 2010 02:03:20 +0000 http://wordpress.org/?v=2.9 hourly 1 By: Mr. ToughMoneyLove http://toughmoneylove.com/2008/09/25/liquidity-conflict-in-the-us-economy-%e2%80%93-spenders-vs-savers/comment-page-1/#comment-629 Mr. ToughMoneyLove Thu, 25 Sep 2008 20:02:37 +0000 http://toughmoneylove.com/?p=111#comment-629 @Matt: The government economists need to fine tune the system to strike a balance between the savers and spenders. Although this may slow the growth of GDP in the short run, it will put the economy on a more stable footing. @Scott: What is ironic about your comment is that I was a steady investor in government I-Bonds until 2007. Why did I stop? The government reduced the annual purchase limit from $30k to $5k and cut the fixed interest rate to 0%. Some encouragement. @Matt: The government economists need to fine tune the system to strike a balance between the savers and spenders. Although this may slow the growth of GDP in the short run, it will put the economy on a more stable footing.

@Scott: What is ironic about your comment is that I was a steady investor in government I-Bonds until 2007. Why did I stop? The government reduced the annual purchase limit from $30k to $5k and cut the fixed interest rate to 0%. Some encouragement.

]]> By: Scott @ The Passive Dad http://toughmoneylove.com/2008/09/25/liquidity-conflict-in-the-us-economy-%e2%80%93-spenders-vs-savers/comment-page-1/#comment-627 Scott @ The Passive Dad Thu, 25 Sep 2008 18:39:11 +0000 http://toughmoneylove.com/?p=111#comment-627 So much has happened in the last two weeks that it's hard to digest all this news. To have a financial meltdown during a presidential primary creates information overload. I'm concerned that this bailout is just a temporary band aid and that more fallout is in store for our economy. Next we will be asked to buy "war bond" type savings bonds and help support our financial companies. This bailout is going to be hard for many good "savers" to digest. So much has happened in the last two weeks that it’s hard to digest all this news. To have a financial meltdown during a presidential primary creates information overload. I’m concerned that this bailout is just a temporary band aid and that more fallout is in store for our economy. Next we will be asked to buy “war bond” type savings bonds and help support our financial companies. This bailout is going to be hard for many good “savers” to digest.

]]> By: Matt @ Steadfast Finances http://toughmoneylove.com/2008/09/25/liquidity-conflict-in-the-us-economy-%e2%80%93-spenders-vs-savers/comment-page-1/#comment-626 Matt @ Steadfast Finances Thu, 25 Sep 2008 16:31:01 +0000 http://toughmoneylove.com/?p=111#comment-626 I can envision a series of prime time TV commercials begging savers to spend - similar to the "please travel" commercials just after 9/11. Get out there and spend, spend, spend! Save our economy by going into debt like the rest of us. I can envision a series of prime time TV commercials begging savers to spend – similar to the “please travel” commercials just after 9/11.

Get out there and spend, spend, spend! Save our economy by going into debt like the rest of us.

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